Key facts
- The Ethereum Foundation is reorganizing its operations.
- The foundation is reducing its workforce by 54 employees.
- The layoffs represent approximately 20% of the foundation's staff.
- The reorganization aims to make the foundation "leaner and more focused".
- The move follows the implementation of its "Mandate" and treasury policy.
- The foundation's work will now be divided into five core clusters.
The Ethereum Foundation has announced a substantial reorganization that includes the reduction of its workforce by 54 employees. This figure represents approximately 20% of the foundation's total staff. The primary objective behind this move is to foster a "leaner and more focused" operational structure. This strategic shift follows the recent implementation of the foundation's "Mandate" and its treasury policy. Consequently, the foundation's operational activities will now be consolidated and managed across five core clusters. This reorganization aims to streamline operations and enhance efficiency within the organization as it continues its work on the Ethereum ecosystem.